Analysts Just Made A Substantial Upgrade To Their MBSB Berhad (KLSE:MBSB) Forecasts

Celebrations may be in order for MBSB Berhad (KLSE:MBSB) shareholders, with the analysts delivering a significant upgrade to their statutory estimates for the company. The analysts greatly increased their revenue estimates, suggesting a stark improvement in business fundamentals.

Following the upgrade, the latest consensus from MBSB Berhad's three analysts is for revenues of RM1.9b in 2025, which would reflect a major 26% improvement in sales compared to the last 12 months. Per-share earnings are expected to jump 41% to RM0.07. Before this latest update, the analysts had been forecasting revenues of RM1.7b and earnings per share (EPS) of RM0.06 in 2025. There has definitely been an improvement in perception recently, with the analysts substantially increasing both their earnings and revenue estimates.

See our latest analysis for MBSB Berhad

With these upgrades, we're not surprised to see that the analysts have lifted their price target 5.6% to RM0.76 per share.

Of course, another way to look at these forecasts is to place them into context against the industry itself. The analysts are definitely expecting MBSB Berhad's growth to accelerate, with the forecast 26% annualised growth to the end of 2025 ranking favourably alongside historical growth of 1.8% per annum over the past five years. Compare this with other companies in the same industry, which are forecast to grow their revenue 6.3% annually. It seems obvious that, while the growth outlook is brighter than the recent past, the analysts also expect MBSB Berhad to grow faster than the wider industry.

The Bottom Line

The biggest takeaway for us from these new estimates is that analysts upgraded their earnings per share estimates, with improved earnings power expected for this year. They also upgraded their revenue estimates for this year, and sales are expected to grow faster than the wider market. Given that the consensus looks almost universally bullish, with a substantial increase to forecasts and a higher price target, MBSB Berhad could be worth investigating further.

Still, the long-term prospects of the business are much more relevant than next year's earnings. At Simply Wall St, we have a full range of analyst estimates for MBSB Berhad going out to 2027, and you can see them free on our platform here..

Of course, seeing company management invest large sums of money in a stock can be just as useful as knowing whether analysts are upgrading their estimates. So you may also wish to search this free list of stocks with high insider ownership.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.